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Online Learning
Threat or Opportunity?

Society for Scholarly Publishing
May 30, 2008
Boston, MA
Who Goes to College Online?

   Mid-career professionals require
    skills enhancement

   Can’t go to campus because
    of heavy work and travel

   Family obligations of two-career parents
Why Schools Do it
  NATIONAL AND GLOBAL
   VISIBILITY, STUDENT ACCESS
  EXTENDS BRAND
  THE WAY WORK IS DONE
  NEW REVENUE STREAM
  IF YOU DON’T, OTHERS WILL
5 Pillars of Online Education
     1   Learning Effectiveness
         Quality of online learning is comparable
         to quality of traditional programs
     2   Cost Effectiveness and Institutional Commitment
         Your school continuously improves services while reducing cost
     3   Access
         Students who wish to learn online have
         opportunity and can achieve success
     4   Faculty Satisfaction
         Faculty achieves success with teaching online,
         citing appreciation and happiness
     5 Student Satisfaction
         Your students achieve success in learning online
         and are typically pleased with their experience
How Many Are Online?
2006 Sloan Data


     3.5 million
     COLLEGE STUDENTS TAKE AT LEAST ONE COURSE



     9.7% growth
     COMPARED WITH 1.5% OVERALL


     20% online
     OF ALL COLLEGE STUDENTS, 20% ARE ONLINE
Growing Online
2006 Sloan Data
How it’s Done
        Synchronous
        Asynchronous
        Interactive
        Threaded discussions
        White Boards
        Web conferencing
        Podcasting
        Videocasting
        Virtual teaming
        Remote labs
        Online and print textbooks
        Online library access
Engaging Online Faculty
             Quality online training
             Online faculty interaction
             Honor best practices
             Compensate generously
             Share IP rights
             Pay royalties
Compensating Faculty
  Who owns intellectual property?
   Shared with faculty
  How are faculty compensated?
   For development and separately for instruction
  Who teaches online?
   Voluntary permanent and adjunct faculty
WebCampus by the Numbers
     Nearly 17,000 enrollments
     $35 million in tuition revenue
     More than 160 online faculty
     Students in 47 states and 44 countries
     17 masters degrees and an MBA
     37 graduate certificates
     160 online courses
WebCampus Growing
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
  -
        FY2003 FY2004   FY2005 FY2006 FY2007   FY2008 FY2009 FY2010   FY2011 FY2012
Where Are They in the US?
WebCampus Revenue Growth

$25,000,000

$20,000,000

$15,000,000

$10,000,000

 $5,000,000

       $-
               03


                       04


                               05




                                               07




                                                               09


                                                                       10


                                                                               11


                                                                                       12
                                       06




                                                       08
             20




                             20




                                                                             20


                                                                                     20
                     20




                                     20


                                             20


                                                     20


                                                             20


                                                                     20
            FY


                    FY


                            FY


                                    FY


                                            FY


                                                    FY


                                                            FY


                                                                    FY


                                                                            FY


                                                                                    FY
Who’s on the Board?
 Eric Fredericksen         Ronald Schlosser
 University of Rochester   Formerly of Thomson

 Katherine Hegmann         Karan Sorensen
 IBM                       Johnson & Johnson

 Phillip Long              Luther Tai
 MIT                       Consolidated Edison

 Rebecca Lyons             Martin Tuchman
 Johnson & Johnson         Interpool

 Ron Perkinson             Peter Wiesner
 Putera Sampoerna          IEEE
   Foundation
                           Kee Meng Yeo
 Patricia Sabosik
                           Amway
 Gartner Group
WebCampus Honors




USDLA 21st Century Prize      Sloan-C Prize

    Best Online             2003 Best Online
  Graduate School             University
   2005 and 2008
                            2007 Best Online
                           Program (China)
Robert Ubell

Executive Director, Institute for the Advanced Study of Online Learning
and Professional Education

Stevens Institute of Technology

201-216-5084
rubell@stevens.edu

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268 ssp slides robert ubell

  • 1. Online Learning Threat or Opportunity? Society for Scholarly Publishing May 30, 2008 Boston, MA
  • 2. Who Goes to College Online?  Mid-career professionals require skills enhancement  Can’t go to campus because of heavy work and travel  Family obligations of two-career parents
  • 3. Why Schools Do it  NATIONAL AND GLOBAL VISIBILITY, STUDENT ACCESS  EXTENDS BRAND  THE WAY WORK IS DONE  NEW REVENUE STREAM  IF YOU DON’T, OTHERS WILL
  • 4. 5 Pillars of Online Education 1 Learning Effectiveness Quality of online learning is comparable to quality of traditional programs 2 Cost Effectiveness and Institutional Commitment Your school continuously improves services while reducing cost 3 Access Students who wish to learn online have opportunity and can achieve success 4 Faculty Satisfaction Faculty achieves success with teaching online, citing appreciation and happiness 5 Student Satisfaction Your students achieve success in learning online and are typically pleased with their experience
  • 5. How Many Are Online? 2006 Sloan Data 3.5 million COLLEGE STUDENTS TAKE AT LEAST ONE COURSE 9.7% growth COMPARED WITH 1.5% OVERALL 20% online OF ALL COLLEGE STUDENTS, 20% ARE ONLINE
  • 7. How it’s Done  Synchronous  Asynchronous  Interactive  Threaded discussions  White Boards  Web conferencing  Podcasting  Videocasting  Virtual teaming  Remote labs  Online and print textbooks  Online library access
  • 8. Engaging Online Faculty  Quality online training  Online faculty interaction  Honor best practices  Compensate generously  Share IP rights  Pay royalties
  • 9. Compensating Faculty  Who owns intellectual property? Shared with faculty  How are faculty compensated? For development and separately for instruction  Who teaches online? Voluntary permanent and adjunct faculty
  • 10. WebCampus by the Numbers Nearly 17,000 enrollments $35 million in tuition revenue More than 160 online faculty Students in 47 states and 44 countries 17 masters degrees and an MBA 37 graduate certificates 160 online courses
  • 11. WebCampus Growing 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 - FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012
  • 12. Where Are They in the US?
  • 13. WebCampus Revenue Growth $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $- 03 04 05 07 09 10 11 12 06 08 20 20 20 20 20 20 20 20 20 20 FY FY FY FY FY FY FY FY FY FY
  • 14. Who’s on the Board? Eric Fredericksen Ronald Schlosser University of Rochester Formerly of Thomson Katherine Hegmann Karan Sorensen IBM Johnson & Johnson Phillip Long Luther Tai MIT Consolidated Edison Rebecca Lyons Martin Tuchman Johnson & Johnson Interpool Ron Perkinson Peter Wiesner Putera Sampoerna IEEE Foundation Kee Meng Yeo Patricia Sabosik Amway Gartner Group
  • 15. WebCampus Honors USDLA 21st Century Prize Sloan-C Prize Best Online  2003 Best Online Graduate School University 2005 and 2008  2007 Best Online Program (China)
  • 16. Robert Ubell Executive Director, Institute for the Advanced Study of Online Learning and Professional Education Stevens Institute of Technology 201-216-5084 rubell@stevens.edu